Bernard Horn Comments on Web.com Group

Guru stock highlight

Jul 21, 2017

Website services provider, Web.com Group (WEB, Financial), gained as reports surfaced that the company was in early-stage talks with private equity firms regarding a potential leveraged buyout. The price is purported to be substantially higher than where it is currently trading, but as of now, this is purely market speculation. The company also reported earnings that exceeded guidance on revenue and profitability.

From Bernard Horn (Trades, Portfolio)'s Polaris Global Value Fund second quarter 2017 shareholder letter.

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